Rents likely to balloon in wake of L.A. wildfires, experts say
Briefly

Rents will increase, especially near the epicenter of massive fires around the Pacific Palisades and Altadena. Those planning to rebuild will face intense competition for contractors.
While the destruction represents a small percentage of Los Angeles County's 3.7 million homes, the consequences are significant on available supply and will worsen as fires continue.
It's immediate. It's difficult to quantify. I don't think anyone knows what the numbers are, referring to mass displacement pushing up housing costs,
Read at Los Angeles Times
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